Allen
paid $25 million for the gorgeous white-walled contemporary
home in 2010, though he apparently spent little time there since
the sound of the ocean kept him up at night, a source told
the Post. He "hated the sound of the ocean," the source
said.

The house is located on Malibu's ultra-pricey Carbon Beach, a
stretch of oceanfront property that's been dubbed "Billionaire's
Beach" for its many high-profile residents. David Geffen, Jeffrey
Katzenberg, Eli Broad, and
Larry Ellison all own property here, with Ellison owning as
many as a dozen.